Costs
A March 2011 Congressional report estimated spending related to the war through fiscal year 2011 at $1.2 trillion, and that spending through 2021 assuming a reduction to 45,000 troops would be $1.8 trillion. A June 2011 academic report covering additional areas of spending related to the war estimated it through 2011 at $2.7 trillion, and long term spending at $5.4 trillion including interest.
| Expense | CRS/CBO (Billions US$): | Watson (Billions constant US$): |
| FY2001-FY2011 | ||
| War appropriations to DoD | 1208.1 | 1311.5 |
| War appropriations to DoS/USAid | 66.7 | 74.2 |
| VA medical | 8.4 | 13.7 |
| VA disability | 18.9 | |
| Interest paid on DoD war appropriations | 185.4 | |
| Additions to DoD base spending | 362.2-652.4 | |
| Additions to Homeland Security base spending | 401.2 | |
| Social costs to veterans and military families to date | 295-400 | |
| Total: | 1283.2 | 2662.1-3057.3 |
| FY2012-future | ||
| FY2012 DoD request | 118.4 | |
| FY2012 DoS/USAid request | 12.1 | |
| Projected 2013-2015 war spending | 168.6 | |
| Projected 2016-2020 war spending | 155 | |
| Projected obligations for veterans' care to 2051 | 589-934 | |
| Additional interest payments to 2020 | 1000 | |
| Total: | 454.1 | 2043.1-2388.1 |
| Subtotal: | 1737.3 | 4705.2-5445.4 |
Read more about this topic: War On Terror
Famous quotes containing the word costs:
“To exercise power costs effort and demands courage. That is why so many fail to assert rights to which they are perfectly entitled—because a right is a kind of power but they are too lazy or too cowardly to exercise it. The virtues which cloak these faults are called patience and forbearance.”
—Friedrich Nietzsche (1844–1900)
“Like cellulite creams or hair-loss tonics, capital punishment is one of those panaceas that isn’t. Only it costs a whole lot more.”
—Anna Quindlen (b. 1952)
“That which costs little is less valued.”
—Miguel De Cervantes (1547–1616)